USDJPY Another Buying Opportunity

USDJPY Another Buying Opportunity

FOMC is likly to increase the Rate this week.

Hence the fundamental will support USDJPY to go higher
But Remember, Don't Chase the price.
Buy Low, Sell High.

Price has broken the channel since last time we bought
from 112 area.

If the price pulls back to 113.14 (0.618)
I will be interested to buy USDJPY again
to catch another wave of rally.
TP1: 115.50
TP2: 118.00

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waiting for FOMC meeting. hopefully it can give this long entry

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Getting Closer , Watch for price action when it hit the level

İşlem aktif:

Hit 113.15, 1/3 Order Filled. will look to buy the other 2/3 when price pull back.
now is 113.45, in money for 30 pips

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Will Update if there another new trade for usdjpy